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EU allocates USD 400 million for Italian green hydrogen hub
The European Commission will provide funding of up to €370m ($401.8m) to support the development of a green hydrogen hub in Italy aimed at decarbonising the steel industry. Energy companies Edison and Saipem, together with green investment manager Sosteneo SGR, saw...
Steel: Turkey’s exports and imports increased in January
According to preliminary foreign trade data compiled by the Turkish Statistical Institute (TurkStat) and the Undersecretariat of Customs, Turkey's trade deficit narrowed by 56.4 per cent to $6.23 billion in January this year compared to the same month last year. The...
Rumours of a ban or export duty on semi-finished products emerge in China
Since Monday, 26 February, rumours have emerged of a possible ban or duty on the export of semi-finished products from China, following an increase in billet sales abroad due to weak local market conditions. At the moment, this information has not been officially...
Lithium: Chinese market will remain weak despite production cuts
The Chinese physical lithium market will remain bearish in the coming months, as sluggish demand is likely to offset recent production cuts announced by lithium mines in Australia and potential production disruptions in China. In recent months, Chinese end-users have...